Metso to deliver copper smelter to Almalyk MMC, Uzbekistan The planned production capacity of the new copper smelter is 300,000 r/y of copper cathodes and 1.8 million t/y of sulphuric acid. Staff Writer | April 25, 2024 | 11:14 am
Copper price rally resuscitates world’s worst-performing currency in the first quarter The Chilean peso is up 3.4% in April, the only currency to have risen against the dollar in the month. Bloomberg News | April 25, 2024 | 10:53 am
Chile president wants copper output boost of 1Mt by 2026 "We have to take advantage of this super-cycle of copper that has been spoken of positively in recent days," Boric said on Thursday. Reuters | April 25, 2024 | 9:00 am
Vale sees no impact from BHP-Anglo deal on Minas-Rio project Questioned about potential interest in Anglo's assets, CEO Bartolomeo also said that Vale would "clearly" be interested. Reuters | April 25, 2024 | 8:41 am
Marex Group’s IPO raises $292 million Marex is one of the largest dealers on the London Metal Exchange. Bloomberg News | April 25, 2024 | 8:40 am
Grupo Mexico posts 16% drop in Q1 net profit as metals prices fall Earnings were lower copper, molybdenum and zinc prices. Reuters | April 25, 2024 | 8:39 am
BHP-Anglo American potential merger: It’s all about copper The world’s largest miner wants to buy Anglo American, but only if its London-based peer divests Amplats and Kumba. Cecilia Jamasmie | April 25, 2024 | 7:52 am
Caterpillar warns of weaker sales as machinery demand cools The company's Q1 results are sparking worries that a months-long boom in machinery demand may be coming to an end. Reuters | April 25, 2024 | 7:49 am
China’s March net gold imports via Hong Kong up 40% from Feb China is the biggest billion consumer and its buying trends can have bearing on global prices. Reuters | April 25, 2024 | 7:37 am